First-half results will anger consumer groups that have campaigned over treatment of vulnerable customers
It really is astonishing they’ve all been able to get away with these excessive profits. Ofgem has been hopeless!
It’s not astonishing, it’s calculated. Listen to the media when doctors ask for a pay rise. They’re told they’re being greedy and that it’s “not reasonable” to ask for £20 an hour.
Meanwhile the billionaires think that it IS reasonable to put up energy bills 200%+ and increase food prices beyond anything seen in previous generations.
I do agree, but this is why we have a regulator. They approved loads of new energy companies that would have failed stress tests, which we’re paying for when they all went under and they should be setting a reasonable price cap.
“We expect profit levels to fall back significantly moving forward to the reasonable and modest levels allowed for in the price cap,”
Forgive me for believing with all my heart that there shouldn’t be a profit motive when it comes to essential energy.
Oil the guillotines, chaps, prepare them well.
